Latest news with #GAIKINDO
The Star
3 days ago
- Automotive
- The Star
Indonesia car sales expected to top 800,000 units in 2025
FILE photo. Workers load cars onto a truck at the Astra Daihatsu Motor (ADM) car factory in Karawang, West Java, on August 2019. - Photo: Antara file JAKARTA: (Bernama-Xinhua) The Association of Indonesia Automotive Industries (GAIKINDO) has forecast that car sales in Indonesia will exceed 800,000 units this year, according to the association's chairman Yohannes Nangoi on Friday (July 25), Xinhua reported. Speaking at the GAIKINDO Indonesia International Auto Show, Nangoi acknowledged that domestic car sales continue to face challenges. However, he remains optimistic that the decline will not be as severe as last year. "Domestic sales are down. But I still hope to reach 800,000 units," he said. According to GAIKINDO data, total wholesale car distribution, defined as new vehicles shipped from factories to dealers, reached 374,740 units in the first half of this year. Despite the slowdown in local demand, Nangoi emphasised that the automotive industry remains resilient, with export growth playing an increasingly important role in supporting the sector through the rest of the year. He added that continued policy support, government stimulus, and efforts to access new markets are expected to boost the competitiveness of vehicles manufactured in Indonesia. "In business, ups and downs are inevitable. But we believe that this industry has the strength to overcome difficult times and will emerge stronger," Nangoi noted. - Bernama-Xinhua
Associated Press
3 days ago
- Automotive
- Associated Press
VinFast joins the Association of Indonesia Automotive Industries
JAKARTA, INDONESIA - Media OutReach Newswire - 25 July 2025 - VinFast officially announced its membership in the Association of Indonesia Automotive Industries (GAIKINDO), marking a significant milestone in its journey to strengthen its position in the local market and demonstrate its long-term commitment to accompanying Indonesia on its path toward greener mobility. GAIKINDO membership provides VinFast with the opportunity to accelerate electric vehicle (EV) adoption, get closer to local consumers, and contribute to the sustainable growth of Indonesia's automotive industry. VinFast unveils the VF 7 at the GAIKINDO Indonesia International Auto Show 2025, attracting significant attention from the media and visitors alike. Founded in 1969, GAIKINDO has served as an important bridge between automotive businesses and the Indonesian government. Amid the global shift toward environmentally friendly transportation, GAIKINDO is actively promoting the development of the 'green vehicle' manufacturing sector. Becoming a member offers VinFast a valuable opportunity to take part in shaping policies and contribute to the long-term growth of the automotive industry. Since entering the Indonesian market, VinFast has been accelerating the development of its 'For a Green Future' EV ecosystem through its modern assembly plant project in Subang, strategic partnerships with Green SM, Indonesia's pioneering all-electric taxi service, and V-GREEN, a global EV charging infrastructure developer, supporting the growth of Indonesia's EV industry. In just over a year, VinFast has launched a diverse lineup of five electric vehicles, from the mini-SUV VF 3 to the C-SUV VF 7, meeting a wide range of consumer needs. The company continues to expand its business network, now with 24 showrooms across Jakarta, Bandung, Surabaya, and Bali, alongside an authorized service network operated by Otoklix and BOS, expected to grow to hundreds of locations nationwide this year. VinFast also offers attractive sales programs, including free charging via V-GREEN's network, 0% interest financing, and a guaranteed buyback value of up to 90%, making its EVs more accessible to customers. Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, shared: 'Becoming a GAIKINDO member is a milestone of special significance for us. This not only represents recognition of VinFast but also reaffirms our long-term commitment to building a sustainable electric mobility ecosystem here. As a GAIKINDO member, VinFast will actively collaborate with industry partners, regulators, and stakeholders to drive the green transition and support Indonesia in realizing its sustainable transportation goals.' Mr. Yohanes Nangoi – Chairman of GAIKINDO, stated: 'GAIKINDO warmly welcomes VinFast - a pioneering EV brand from Vietnam - as the newest member of the association. VinFast's participation will bring fresh energy to Indonesia's automotive industry, accelerating the transition to cleaner and more sustainable mobility solutions. We look forward to VinFast's positive contributions to expanding EV infrastructure and promoting wider EV adoption in Indonesia.'./. Hashtag: #VinFast The issuer is solely responsible for the content of this announcement.
Arabian Post
4 days ago
- Automotive
- Arabian Post
VinFast joins the Association of Indonesia Automotive Industries
VinFast unveils the VF 7 at the GAIKINDO Indonesia International Auto Show 2025, attracting significant attention from the media and visitors alike. JAKARTA, INDONESIA – Media OutReach Newswire – 25 July 2025 – Founded in 1969, GAIKINDO has served as an important bridge between automotive businesses and the Indonesian government. Amid the global shift toward environmentally friendly transportation, GAIKINDO is actively promoting the development of the 'green vehicle' manufacturing sector. Becoming a member offers VinFast a valuable opportunity to take part in shaping policies and contribute to the long-term growth of the automotive industry. Since entering the Indonesian market, VinFast has been accelerating the development of its 'For a Green Future' EV ecosystem through its modern assembly plant project in Subang, strategic partnerships with Green SM, Indonesia's pioneering all-electric taxi service, and V-GREEN, a global EV charging infrastructure developer, supporting the growth of Indonesia's EV industry. ADVERTISEMENT In just over a year, VinFast has launched a diverse lineup of five electric vehicles, from the mini-SUV VF 3 to the C-SUV VF 7, meeting a wide range of consumer needs. The company continues to expand its business network, now with 24 showrooms across Jakarta, Bandung, Surabaya, and Bali, alongside an authorized service network operated by Otoklix and BOS, expected to grow to hundreds of locations nationwide this year. VinFast also offers attractive sales programs, including free charging via V-GREEN's network, 0% interest financing, and a guaranteed buyback value of up to 90%, making its EVs more accessible to customers. Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, shared: 'Becoming a GAIKINDO member is a milestone of special significance for us. This not only represents recognition of VinFast but also reaffirms our long-term commitment to building a sustainable electric mobility ecosystem here. As a GAIKINDO member, VinFast will actively collaborate with industry partners, regulators, and stakeholders to drive the green transition and support Indonesia in realizing its sustainable transportation goals.' Mr. Yohanes Nangoi – Chairman of GAIKINDO, stated: 'GAIKINDO warmly welcomes VinFast – a pioneering EV brand from Vietnam – as the newest member of the association. VinFast's participation will bring fresh energy to Indonesia's automotive industry, accelerating the transition to cleaner and more sustainable mobility solutions. We look forward to VinFast's positive contributions to expanding EV infrastructure and promoting wider EV adoption in Indonesia.'./. Hashtag: #VinFast The issuer is solely responsible for the content of this announcement.
Malay Mail
4 days ago
- Automotive
- Malay Mail
VinFast joins the Association of Indonesia Automotive Industries
VinFast unveils the VF 7 at the GAIKINDO Indonesia International Auto Show 2025, attracting significant attention from the media and visitors alike. JAKARTA, INDONESIA - Media OutReach Newswire - 25 July 2025 -Founded in 1969, GAIKINDO has served as an important bridge between automotive businesses and the Indonesian government. Amid the global shift toward environmentally friendly transportation, GAIKINDO is actively promoting the development of the "green vehicle" manufacturing sector. Becoming a member offers VinFast a valuable opportunity to take part in shaping policies and contribute to the long-term growth of the automotive entering the Indonesian market, VinFast has been accelerating the development of its "For a Green Future" EV ecosystem through its modern assembly plant project in Subang, strategic partnerships with Green SM, Indonesia's pioneering all-electric taxi service, and V-GREEN, a global EV charging infrastructure developer, supporting the growth of Indonesia's EV just over a year, VinFast has launched a diverse lineup of five electric vehicles, from the mini-SUV VF 3 to the C-SUV VF 7, meeting a wide range of consumer needs. The company continues to expand its business network, now with 24 showrooms across Jakarta, Bandung, Surabaya, and Bali, alongside an authorized service network operated by Otoklix and BOS, expected to grow to hundreds of locations nationwide this year. VinFast also offers attractive sales programs, including free charging via V-GREEN's network, 0% interest financing, and a guaranteed buyback value of up to 90%, making its EVs more accessible to #VinFast The issuer is solely responsible for the content of this announcement.
